Business

In Boost to Nigeria’s Power Sector, Afreximbank’s FEDA Acquires Stake in Geregu Power Plc

FEDA is the development impact investment platform of Afreximbank tasked with providing capital for intra-African trade and industrialization.

2 years ago

Ethiopian Airlines to Resume Flights to Tigray Capital

"We are truly pleased with the resumption," Ethiopian Airlines Group CEO Mesfin Tasew said.

2 years ago

Russia to Ban Oil Exports to Countries With Price Cap From February

The decree will be in effect from February 1 until July 1.

2 years ago

Nigeria Alerts Pilots and Airlines of Hazardous Weather

The Harmattan haze has forced the cancellation and delay of flights since December 20.

2 years ago

Nigeria Underproduced 2022 Crude Oil Projection by 263 Million Barrels in 11 Months

Data shows country barely drilled 60% of 1.88 million bpd budget benchmark.

2 years ago

FG Raises Third-Party Vehicle Insurance by 200%

Private vehicle owners to pay N15,000 from January 1.

2 years ago

Shell to Pay €15m Compensation to Niger Delta Farmers for Oil Spills

The villages are Goi in Ogoni land, Rivers State; Oruma in Bayelsa State; and Ikot Ada Udo in Akwa Ibom…

2 years ago

Facebook Owner Meta Will Pay $725M to Settle User Data Case

The world’s largest social media platform allowed millions of its users’ personal information to be fed to Cambridge Analytica.

2 years ago

CBN Governor Emefiele Says Currency Redesign Will Curb Nigeria’s Inflation and Banditry, Strengthen Naira

The cashless policy isn't targeted at politicians, he clarified.

2 years ago

Nigeria: House to Probe ‘Sharp Practices’ by Fintechs, Loan Shark Firms

The resolutions followed the adoption of a motion raised under matters of urgent national importance.

2 years ago